I'll take the contrarian POV here and be totally cool with it, assuming the canvas piece is fact legitimate. Courts (in the USA) have ruled that you can take a physical object, rejigger it, and then resell it (IANAL). Sometimes you can get some pretty amazing stuff (Dapper Dan as mentioned above), and many times you just get crap. But fashion is all about remixing, borrowing, and yes, stealing, other people's stuff, and this is just one aspect of that. Without those freedoms, fashion as a whole would be way more boring.
Now, I don't particularly find the the beanie attractive, and find it's reuse of the LV canvas pretty unimaginative, but that's tangential to the above point.
Now, I don't particularly find the the beanie attractive, and find it's reuse of the LV canvas pretty unimaginative, but that's tangential to the above point.